Example: A subscription for 1 yr is bought on 31st Dec for 12000. 3000 is for current year and 9000 for next year.
Then the invoice shall be passed as usual and accounting entries made as follows:
Prepaid expenses are an asset account.
Accounting vouchers required in addition to invoice entry:
31st Dec: Prepaid expenses Dr, Purchase Account Cr 9000
1st Apr: Prepaid expenses Cr, Purchase Account Dr 9000